So it did happen in the end. Brexit. Against expectations, judging by the polls immediately before the referendum on 23 June. But looking back, it is not surprising that it happened. Most of those voting to leave are older voters, whose emotional ties to a Britain before the “free movement” immigration from European Union countries […]
markets
Posted inBusiness, News/Politics
Keith Hart on money, memory and democratising the economy
Keith Hart begins his thought-provoking book The Memory Bank: Money in an Unequal World (Profile Books, London, 2000) with the statement: “Ours is an age of money. Half the world worships money and the other half thinks of it as the root of all evil. In either case, money makes the world go round. If […]
Posted inGeneral
Tracking the aftermath of the financial crisis
In Aftermath: The Cultures of the Economic Crisis (Oxford, 2012), Manuel Castells, Joôa CaraÇa, Gustavo Cardoso (editors) and a number of colleagues from the social sciences set out to provide some insight into the financial/economic crisis that flared up in 2008 (and has still not run its course). More than that, as the title of […]
Posted inBusiness
Economics for ordinary people
I write a weekly economics preview for the Mail & Guardian Online. Every Monday morning, before South Africa’s markets open, I preview the noteworthy economic events and data releases likely to generate headlines and move markets in the week ahead. The economic events that I cover vary significantly from one week to the next. One […]